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Wednesday, 17th August 2005 (3932 views)

Goldcorp is actively searching out new opportunities in both North and South America after the recent merger of Goldcorp and Wheaton River Minerals.<br/><br/>Ian Telfer, chief executive of company, has suggested that "sooner is better than later" to acquire properties.<br/><br/>"We'd like something that would give us more than 250,000 ounces a year to the Goldcorp account and we'd like to acquire this with the cash we have on hand," he added. <br/><br/>On Monday, Goldcorps published its second-quarter results that recorded a profit of US $98 million.<br/><br/>In 2004 almost 262 tonnes gold was mined in the US, which constituted 11 per cent of the world's mined gold.<br/><br/><br/><img alt="track" src='http://feeds.directnews.org.uk/feedtrack/dn.gif?feedid=196&itemid=15025301'/>© Adfero Ltd

 

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